1. Ten ways to save money for your parish
Diocesan Synod
3 November 2012

2. 1. Utility cost benchmarking
Charity Funding Solutions (CFS)
Set up in this diocese in 2007
1 in 2 parishes have used the service and over 240 have achieved savings
Average savings of 20%
Benchmarking service: compare your rates
Free service with no pressure
Sorted out VAT issues on fuel bills
Noel Muddiman:

3. 2. Energy Bulk Buying Parish Buying:
Bulk purchasing pooling individual parish supplies
Genuine ‘green’ options with Good Energy and Ecotricity

4. 3. Oil
National contract for heating oil supplies through Parish Buying
Buying guide on line

5. 4. Photocopiers Parish Buying 6 standard profiles Calculator feature:
lease v buy
Total cost of ownership
But check your usage:
Scanner and printer, plus Print Unit for bulk

6. 5. IT Software Parish Buying Access to charity rate software pricing
Includes discounts on PCC finance software licences

7. 6. Office Products & Fire Safety
Bulk discount through parish buying
Average 35% saving on typical items
But do benchmark locally

8. 7. Insurance: regular payments
Most churches in the diocese insured with Ecclesiastical under the ‘Group Scheme’
Premium payments
5 or 10 instalments: up to 4% admin charge
12 instalments: 0% admin charge
As of July: 50 churches in this diocese paying an unnecessary admin charge

9. 8. Insurance: review your excess
Significant premium savings available by taking a voluntary excess:
£100 standard excess on the Group Scheme
Voluntary of £250 gives savings of approx 6%
Voluntary of £500 gives savings of approx 13%
But:
Look at your claims history and how you would fund the increased uninsured amount
EIG:

10. 9. Parish Share Discount
1% discount for share payments over 12 instalments by direct debit/standing order
Why:
DBF has to hold less cash in low interest accounts
365 parishes (78%) now pay regularly

11. 10. Housekeeping Major good news theme in budget consultation
Set a budget
Monitor income, expenditure, utility consumption, etc regularly
3 December: investment seminar for parishes
Be ready for changes in gift aid:
New wording for declarations
Small gifts scheme from 2013 (possibly)

12. More information Parish Finance Office: Parish Buying: CFS:
Terry Gray:
Parish Buying:
CFS:
Noel Muddiman:
Ecclesiastical: